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  • #8,581
  • May 25, 2023 11:45am May 25, 2023 11:45am
Quoting Xauusdscalpr
{quote} the FVG is at 1985 isn't that far away yet? especially on a weekly timeframe it could be a long time until we see it tested again don't you think?
go down to h4 there's a fvg.
go down down to h1, there is also one there.
work from smaller time times one at a time till weekly.
ITB - Seeing Orderliness amongst 'Randomness'
  • #8,582
  • May 25, 2023 11:49am May 25, 2023 11:49am
Quoting Inthebox
{quote} go down to h4 there's a fvg. go down down to h1, there is also one there. work from smaller time times one at a time till weekly.
so would you say this is correct? and what about the FVGs below? shouldn't this mean we go further down first to touch those FVGs?
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  • #8,583
  • May 25, 2023 11:51am May 25, 2023 11:51am
Quoting Xauusdscalpr
{quote} so would you say this is correct? and what about the FVGs below? shouldn't this mean we go further down first to touch those FVGs? {image}
yes one target at a time.
however we do not know how long it will take.
because on the way up, there may also be fvg forming below.
then the question will be which one to take first.
ITB - Seeing Orderliness amongst 'Randomness'
  • #8,584
  • May 25, 2023 11:51am May 25, 2023 11:51am
Quoting DonPip1
The short i took is about to hit my TP... I have my fingers crossed on this one {image}
Your target was so close to the low, why not closing.
  • #8,585
  • May 25, 2023 11:58am May 25, 2023 11:58am
Quoting Inthebox
{quote} take out weekly low then bounce up to fvg or may be market already satisfied taken the weekly low above it and bounce to fvg. {image}
I am also eyeing a bounce to 1992 to 2000 from 1925 to 1935 area.
Everything is cyclic.
  • #8,586
  • May 25, 2023 12:01pm May 25, 2023 12:01pm
Channel breaks in down trend
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  • #8,587
  • May 25, 2023 12:02pm May 25, 2023 12:02pm
Quoting Xauusdscalpr
{quote} so would you say this is correct? and what about the FVGs below? shouldn't this mean we go further down first to touch those FVGs? {image}
Yes you are correct but first thing first. Inthebox mentioned the weekly support so that traders are aware of it and take their trading decisions wisely.
I had opinion that firstfvg at 2000 will be filled first and then direction towards 1900 but now i am also not sure. All information shared here is to use for your trading. Every trader has its own trading style.
Love for all; Hatred for none.
  • #8,588
  • May 25, 2023 12:16pm May 25, 2023 12:16pm
ill short 1955 off hourly sell sig area if gets back up there not goin long yet since no buy sig
short trump and go long the deepstate
  • #8,589
  • May 25, 2023 1:06pm May 25, 2023 1:06pm
Quoting aahmad29
{quote} Yes you are correct but first thing first. Inthebox mentioned the weekly support so that traders are aware of it and take their trading decisions wisely. I had opinion that firstfvg at 2000 will be filled first and then direction towards 1900 but now i am also not sure. All information shared here is to use for your trading. Every trader has its own trading style.
Gold Spreads on my MT4 became killers. So I am done for day.Trade safe Guys
  • #8,590
  • May 25, 2023 1:17pm May 25, 2023 1:17pm
Quoting parveenverma
{quote}Gold Spreads on my MT4 became killers. So I am done for day.Trade safe Guys
MT4 is just a platform. Those spreads are because of your broker, which I'm guessing is Exness, which is a horrible broker imo.
  • #8,591
  • May 25, 2023 1:22pm May 25, 2023 1:22pm
i got a sell sig on 15 min but this close to the low id rather buy once price probes under todays low for stops then should bounce big from short covering....mind u this is on the 15min. chart so dont expect a 50 dollar bounce LOL
short trump and go long the deepstate
  • #8,592
  • May 25, 2023 1:39pm May 25, 2023 1:39pm
Quoting FxSnapper
{quote} MT4 is just a platform. Those spreads are because of your broker, which I'm guessing is Exness, which is a horrible broker imo.
Thanks for your kind information dear. I know it very well that spreads can be vary for different brokers. That's why I mentioned my MT4 in my post because different traders use different brokers. Anyway I realy appreciate your reply. Trade safe
  • #8,593
  • May 25, 2023 1:39pm May 25, 2023 1:39pm
i placed a buy order at todays low....dont know how far down pricwe will probe for stops so dont want the order too far below so it doesnt get hit
short trump and go long the deepstate
  • #8,594
  • May 25, 2023 1:57pm May 25, 2023 1:57pm
Quoting Zebi
i placed a buy order at todays low....dont know how far down pricwe will probe for stops so dont want the order too far below so it doesnt get hit
That one can pay off especially of you'd hold it
"Who Dares Wins"
  • #8,595
  • May 25, 2023 2:11pm May 25, 2023 2:11pm
anyone go short on that sell sig?....dont show up 30 min, sfter once in profit to brag
short trump and go long the deepstate
  • #8,596
  • May 25, 2023 2:17pm May 25, 2023 2:17pm
off to do errands...if my order gets hit ill reevaluate my short zone...earlier said 1955 but price may get to 1960ish
short trump and go long the deepstate
  • #8,597
  • May 25, 2023 2:25pm May 25, 2023 2:25pm
Quoting Zebi
off to do errands...if my order gets hit ill reevaluate my short zone...earlier said 1955 but price may get to 1960ish
Bulls can't even get above 1945..
  • #8,598
  • May 25, 2023 4:11pm May 25, 2023 4:11pm
Hi,
My MLY XAUUSD chart indicates the up trend is over,
and the TOP is in place at 2093.65.
The new trend down has commenced,
which can be confirmed on lower time frames.
Because it has been so choppy,
I have stayed out until today.
Short @ 1947
[This is a long term perspective.]
Cheers, U2
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Wait, or you will be slaughtered!
  • #8,599
  • Edited 6:16pm May 25, 2023 5:10pm | Edited 6:16pm
Quoting Zebi
i placed a buy order at todays low....dont know how far down pricwe will probe for stops so dont want the order too far below so it doesnt get hit

welp im back....price did exactly as i told it to do LOL (this time) LOL
im not going to screw around with this countertrend buy for long since i still expect lower pricesclose to 1900/1920 ish so placed a stoploss 10 pips below the low and will let it ride overnite

tp 1952 and will watch for long or short signals there


edit: gona cancel that stop and make it 50 pips...im likin a bounce here and dont want to get left behind cause of a tight stoploss
short trump and go long the deepstate
  • #8,600
  • May 25, 2023 5:53pm May 25, 2023 5:53pm
Quoting Jolita
{quote} Previous month low 1949.52 not taken out yet, might retrace for a bit towards 1980-90 area , but go lower to 1910 and 1867. Trade safe as no one can advice you on your trading, you make trades at your own risk, wish you success Daily and 4 hr{image} {image}
First leg down, price below April low.
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